XRP Price Prediction: $3 Support Hold, Breakout Go $3.30?
XRP Price Prediction for August 24 talk say market balance dey tight as bulls and bears no too strong pass each other. As CoinMarketCap data show, XRP/USD don rise small by 0.19% for 24 hours but e drop 3.38% last one week. For hourly chart, XRP dey try hold ground for $3.0029; if e no bounce, e fit make the price go down reach $2.98. For daily chart, big resistance dey for $3.1427, and if the price break am, e fit make XRP reach $3.30. Midterm look neutral, make we expect say market go dey move sideways between $3.00 and $3.30. This XRP price prediction show say these technical levels important well well for short and midterm trading plans. Traders suppose dey watch these support and resistance levels closely. Current XRP price na $3.0160.
Neutral
Di outlook na neutral cuz XRP dey trade inside one clear range, neither bulls nor bears dey control am. Similar sideways consolidations don happen before when XRP just dey hover around key support and resistance levels, wey cause limited price movement till one clear breakout or breakdown happen. Short term, if e break below $3.00 e fit cause bearish correction go $2.98, but if e move steady pass $3.1427 e fit trigger bullish advance go $3.30. For long term, no strong direction momentum mean say traders suppose prepare for range-bound conditions, dey watch volume and momentum indicators to know if trend go shift. This balanced technical setup na wetin make market impact neutral.